@CodeBuns There is no, statistically, better investment than one of these.

Ethereum and Trumpcoin comes to mind.

15 months ago

Gigastrength

Things poor people say thread?

15 months ago

Carnalpleasure

Probably more a question for /sci/ but if you took a large pile of cash (say, a billion $1s) and threw a Molotov cocktail on top, by the the time the fire ran its course would you be left with more or less money than if you used it all to buy powerball tickets?

Generally, these are a waste of money. But in some rare cases, you can turn the odds in your favor. Popular and successful lotteries (like Mega Millions) modify the rules to make it harder to win, while unsuccessful ones modify the rules to make it easier (attracting more buyers). That's what happened with the Massachusetts and Michigan Cash WinFall games, and people made millions off of gaming the system (most famously a pool of MIT students).

So, yes, the games are "random," but it's a controlled randomness that has the potential be exploited by the buyer.

15 months ago

PurpleCharger

@TechHater But to manipulate the games in a way that gives you an edge, you have to already have a decent amount of capital to begin with.

15 months ago

Fuzzy_Logic

@New_ClicheActually, you're wrong. Statistically, a lottery ticket is proven to be the best investment one can make.

15 months ago

Raving_Cute

@PurpleCharger That's true, and that's also why basically everyone who gamed the WinFall lotteries were groups of people and not just individuals.

And I'm not claiming it's the best way to make money. Just pointing out that there are exceptions to the assumptions we make.

15 months ago

girlDog

@PurpleCharger you have to already have a decent amount of capital to begin withI hear this is true for everything except the stock market.

@BlogWobbles Fucking idiot. Next time learn to Google. I embarrassed you in front of everyone.

15 months ago

FastChef

@VisualMaster could you go back to /b/ and stop shitting up this already shitty board?

15 months ago

CodeBuns

@FastChef Classic. The "go back to /b/" meme when you are proven wrong.

Back to le Reddit you go.

15 months ago

Spamalot

@Carnalpleasuredepends if you blew your fat stack on the powerball tickets in one specific powerball, or on a small number of tickets in every powerball.

Theoretically speaking, there's nothing stopping you from spending all your money on powerball tickets in a single powerball, being careful to select all number combinations, thus guaranteeing you at least a share of the prize. Since there's somewhere in the neighborhood of 250 million possible combinations, if you were to do this for a jackpot larger than $250M, you'd be pretty much guaranteed to at least win something.

15 months ago

viagrandad

@CarnalpleasureWell, must be lots of coins, so that the bottle will break, and i think the coins will remain, if gasoline or similar is used. I mean, its painful to watch, when your cocktails just slowly runs out of the unbroken bottle, or even worse - you just taped the thing that lights it, and it is even slower...

15 months ago

idontknow

@Spamalotlol you could try this but so much of the jackpot goes to tax, and they're not gonna let you buy 250 million tickets.

15 months ago

TechHater

@SpamalotTickets are $2, your reward is heavily taxed (30-40%), and you'd have to read through hundreds millions of tickets.

15 months ago

haveahappyday

@idontknowWhy wouldn't they? They are guaranteed to make profit off of selling 250 million tickets if the powerball is 250 million and each ticket is more than a dollar? It's just free money